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Strategies & Market Trends : Three Amigos Stock Thread
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To: Amigo Mike who wrote (8146)8/27/1998 12:27:00 PM
From: ChrisJP  Read Replies (1) of 29382
 
Hi Amigos

My Dad e-mailed me in late July saying that the markets were at a major top. As a result, My 401K is 90% cash. My small caps accounts are so far down (thank you MTON) that I've decided to just hold and pray that they actually earn what the analysts predict and they are rewarded for it.

Things may look bad now, but remember, companies have yet to warn about their next quarter's earnings ! I don't plan to bargain hunt until Nov or Dec, when tax loss selling is through.

Good luck to all,
Chris
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